§ 21090 Two-Tiered Retirement System

• •Some workplaces can have two different retirement plans for workers.
• •The boss and workers can talk and agree on how these retirement plans work.
• •This rule was made to help bosses and workers decide together on retirement plans.

Imagine you work at a school. The school might offer one retirement plan for teachers who started working there before 2010 and a different plan for teachers who started after 2010.

The school (the boss) and the teachers (the workers) can sit down and talk about how these two retirement plans should work. They can agree on things like how much money goes into the plan and when someone can retire.